Your Answer Would Be A) 16.25
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Answer:
no
Step-by-step explanation:
because pa puts in more money making his rate higher
Given
Present investment, P = 22000
APR, r = 0.0525
compounding time = 10 years
Future amount, A
A. compounded annually
n=10*1=10
i=r=0.0525
A=P(1+i)^n
=22000(1+0.0525)^10
=36698.11
B. compounded quarterly
n=10*4=40
i=r/4=0.0525/4
A=P(1+i)^n
=22000*(1+0.0525/4)^40
=37063.29
Therefore, by compounding quarterly, she will get, at the end of 10 years investment, an additional amount of
37063.29-36698.11
=$365.18
Answer:
- f(x) = 2x -2/3
- f(3) = 5 1/3
Step-by-step explanation:
We solve an equation for a specific variable by using inverse operations to undo what is done to the variable. The resulting function is evaluated by substituting the given value for the variable.
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<h3>a.</h3>
We are given the equation ...
6x -3y = 2
Solving for y, we get ...
6x -2 = 3y . . . . . add 3y-2 to both sides
2x -2/3 = y . . . . . divide by 3
f(x) = 2x -2/3 . . . . write using functional notation
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<h3>b.</h3>
To find f(3), we use x=3 in the function.
f(3) = 2(3) -2/3 = 6 -2/3
f(3) = 5 1/3
